Insurance: Transactional & Regulatory
USA Guide 2024 : New York
Band 1
Email address
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+1 212 909 6000Chambers Review
Debevoise & Plimpton is distinguished by its exceptional transactional capabilities coupled with a top-notch regulatory practice. The team also handles significant coverage disputes and other insurance-related litigation and has a strong government investigations practice, as well as expertise in follow-on civil claims. The firm is renowned for taking the lead on many of the most complex deals in the market, including those with significant cross-border or multijurisdictional aspects, and is also highlighted for its considerable expertise in handling litigation and transactional matters in the life insurance space.
Work Highlights
- Debevoise & Plimpton LLP advised Fortitude Re on its $28 billion reinsurance transaction with Lincoln Life Insurance Company, where Lincoln will reinsure a large piece of its universal life insurance and fixed annuity business to Fortitude subject to customary regulatory approvals.
Strengths
Provided by Chambers
"The most important reason that I choose Debevoise is that they are incredibly commercial. The entire team is focused on getting things done for clients rather than finding reasons not to do transactions."
"The team invariably brings an intelligent, creative and resoundingly capable team to the table on our most significant transactional and regulatory matters."
"Debevoise is our go-to firm for complex and novel transactions."
"The most important reason that I choose Debevoise is that they are incredibly commercial. The entire team is focused on getting things done for clients rather than finding reasons not to do transactions."
"The team invariably brings an intelligent, creative and resoundingly capable team to the table on our most significant transactional and regulatory matters."
"Debevoise is our go-to firm for complex and novel transactions."
Notable Practitioners
Marilyn Lion has strong capabilities in matters such as M&A and financing transactions. She regularly leads on multibillion-dollar cross-border deals.
"Marilyn brings an incredible command of the insurance business and its financial underpinnings to her practice."
"Marilyn is very creative and thinks about how to help clients achieve their goals."
"She is able to explain extremely complicated terms in a way which is understandable and comprehensive."
Nicholas Potter has significant experience handling high-value corporate transactions and managing strategic restructuring. He frequently advises and supports leading insurers, reinsurers and other corporate entities.
"The best deal lawyer in the industry for insurance M&A, hands down."
"He does an outstanding job of representing his clients in a way that is cooperative, rather than confrontational, and always backed up by deep experience."
"Nick advises his clients with a level of commercial sophistication that is unmatched."
Alexander Cochran has notable experience handling various high-value corporate transactions in the insurance and reinsurance industries. His clients include insurers, reinsurers and private equity firms.
"Alex is technically impeccable, very focused on finding solutions and drives deals to completion."
"Alex is our first choice for most assignments - he is sharp, hardworking and incredibly commercial. He gets it done."
"He has delivered a highly effective combination of consistent energy, intellectual depth and practical negotiating acumen to the work that he has overseen."
Maeve O'Connor is regularly retained to counsel insurers on a wide variety of complex coverage disputes. She advises major insurers on a wide range of matters including D&O disputes.
"When we are looking for smart advice on high-stakes questions, Maeve is always at the top of the list."
"She is responsive and brilliant in transforming an investigation into a comprehensive report and corrective action plan."
David Grosgold represents clients in the insurance and financial sectors in a range of corporate transactions. He is especially recognized for his handling of high-value M&A.
"David is a tireless advocate and a pragmatic, capable negotiator."
"He unfailingly thinks ahead and considers the broader business context in all the advice he provides."
Drew Dutton is an experienced corporate insurance attorney. He works with clients such as private equity firms and multinational corporations on a host of transactions.
"David is responsive and commercial."
Thomas Kelly heads the firm's Americas insurance industry practice and is regularly called upon to advise on transactional mandates in both the insurance and reinsurance arenas. He often works on M&A and capital markets transactions, among other matters.
Andrew Jamieson has a strong transactional insurance practice, with particular experience in handling public M&A work in the space.
"Andrew is very responsive and good from both a technical and commercial perspective."
Kristen Matthews frequently assists clients in the insurance sector with high-value transactional and regulatory matters. She is adept at handling cross-border issues.
"Kristen is capable and commercial."